Replies (25)

Hey 👋 CAN YOU PLEASE 🙏 show me the 2017 cycle? 🔁 it would really help me out. How many Zappos’s
Anarko 's avatar
Anarko 11 months ago
Staying humble and stacking SATs is so satisfying 🧡 ODELL 💜
Kush's avatar
Kush 11 months ago
Truth Delly. The good ppl understand what has happened with a whole bitcoin is happening to a whole sat!
Motosashi's avatar
Motosashi 11 months ago
Lowest volatility cycle, especially to the downside. Pretty sure it’s over boys. I’m selling.
Nodetar's avatar
Nodetar 11 months ago
GM to all my humble plebs out there. 🧡
Toby McMann's avatar
Toby McMann 11 months ago
Thesis: As #bitcoin's inflation rate programmatically approaches zero, and relatively few coins remain unissued, the halvenning's impact on price decreases. Sorry. Don't shoot the messenger. I know how much we all love to lean into halvennings and the 4-year cycle. But this reality is a feature, not a bug -- ie, ultimately, there are no halvennings. We are being weaned off inflation, by design. So, as more and more coins are issued, the halvenning represents less of a supply shock, and we have seen declining price appreciation in each successive 4-year halvening cycle. For those interested in predicting the exchange rate to fiat, we might want an increasing focus on changes to a) bitcoin adoption, and b) levels of fiat debasement. We might also focus on levels of paper bitcoin -- i.e., if bitcoin is increasingly fractionally reserved, effectively it increases supply, which suppresses the exchange rate relative to fiat, acting as an offset to higher adoption or fiat debasement.
NAJP's avatar
NAJP 11 months ago
Stay patient mainly